Zig Zag Bitcoin 5-3-5 pattern BTC 7700$ range

in #btc7 years ago (edited)

The count so far confirmed yesterday's prediction . It looks like a 5-3-5 with a possible 0.618 retracement (7708) in sight. It might also go down just to the 0.5 (8099) it the sentiment that made this impulse possible remains as bullish as it looked.

Keep in mind that all technical analysis goes under revisement as soon as the price confirms (or not) a certain scenario. You have to be ready to adapt it to what the price tells you. This is why is very useful to view multiple scenarios and be prepared for the surprises the market sometimes trows. Screenshot (111).png